Community West Bancshares
For the period ended Jun 30, 2026. Filed Aug 10, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 10, 2026
CWBC$26.22-0.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows
| For the Six Months EndedJune 30, | ||
|---|---|---|
| (In thousands) | 2026 | 2025 |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net income | $14,184 | $16,125 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Net (increase) decrease in deferred loan costs | (347) | 316 |
| Depreciation | 2,170 | 1,610 |
| Accretion of discounts on investments | (1,318) | (880) |
| Amortization of premiums on investments | 4,091 | 2,283 |
| Amortization of debt issuance costs | 72 | 73 |
| Accretion of premiums and discounts on acquired loans, net | (7,416) | (6,297) |
| Amortization of core deposit intangibles | 2,124 | 501 |
| Amortization of fair value marks on liabilities assumed | 367 | 2,184 |
| Stock-based compensation | 583 | 600 |
| Provision for credit losses | 5,725 | 2,572 |
| Net realized losses on sales and calls of available-for-sale investment securities | 5,899 | 15 |
| Net loss on disposal of premises and equipment | 44 | 40 |
| Net gain on sale of foreclosed assets | (25) | — |
| Net change in equity securities | 85 | (119) |
| Increase in bank-owned life insurance, net of expenses | (899) | (738) |
| Net (increase) decrease in accrued interest receivable and other assets | (828) | 1,665 |
| Net (decrease) increase in accrued interest payable and other liabilities | (69) | 814 |
| Net change for deferred income taxes | 6,044 | 1,832 |
| Net cash provided by operating activities | 30,486 | 22,596 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Net cash and cash equivalents acquired in acquisition | 58,825 | — |
| Purchases of available-for-sale investment securities | (137,971) | (5,737) |
| Proceeds from sales or calls of available-for-sale investment securities | 160,694 | 275 |
| Proceeds from calls of held-to-maturity investment securities | 6,025 | 9,956 |
| Proceeds from maturity and principal repayments of available-for-sale investment securities | 9,821 | 15,761 |
| Proceeds from maturity and principal repayments of held-to-maturity investment securities | 5,648 | 717 |
| Net increase in loans | (102,668) | (59,241) |
| Proceeds from sale of foreclosed assets | 59 | — |
| Purchases of premises and equipment | (4,829) | (1,272) |
| Proceeds from sale of premises and equipment | 51 | 117 |
| Net cash used in investing activities | (4,345) | (39,424) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Net (decrease) increase in demand, interest bearing and savings deposits | (7,555) | 48,593 |
| Net (decrease) increase in time deposits | (27,100) | 34,925 |
| Proceeds from borrowings from Federal Home Loan Bank | 3,517,500 | 451,000 |
| Repayments of borrowings to Federal Home Loan Bank | (3,415,500) | (500,000) |
| Repayments of senior debt | (386) | — |
| Repurchase and retirement of common stock | (227) | (151) |
| Proceeds from stock issued under employee stock purchase plan | 177 | 183 |
| Proceeds from exercise of stock options | 358 | 820 |
| Cash dividend payments on common stock | (5,555) | (4,567) |
| Net cash provided by financing activities | 61,712 | 30,803 |
| Increase in cash and cash equivalents | 87,853 | 13,975 |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD | 118,984 | 120,398 |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD | $206,837 | $134,373 |
| For the Six Months EndedJune 30, | ||
|---|---|---|
| (In thousands) | 2026 | 2025 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION: | ||
| Cash paid during the period for: | ||
| Interest | $25,556 | $26,117 |
| Income taxes, net of refunds | (377) | 2,806 |
| Operating cash flows from operating leases | 2,106 | 1,646 |
| Non-cash investing and financing activities: | ||
| Unrealized gain on securities available for sale | $4,488 | $4,896 |
| Right-of-use assets obtained in exchange for lease liabilities | $3,649 | $1,083 |
| Acquisition: | ||
| Assets acquired | $1,201,180 | $— |
| Liabilities assumed | $(1,074,280) | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.